Shared Ownership Valuation in Daventry (NN11)

A shared ownership valuation is a specialized assessment required when you want to purchase additional shares in your property (known as staircasing), remortgage your shared ownership home, or sell your share on the open market. Our RICS-registered valuers conduct thorough inspections of your property, examining the overall condition, any defects, and comparing your home against similar properties that have recently sold in the NN11 area. We measure each room, assess the quality of fixtures and fittings, and take detailed notes on the property's presentation and any improvements you've made since purchase.

The valuation report includes a detailed market value assessment of your property in its entirety, the value of your current share, and the percentage equity you hold. This information is essential for housing associations like EMH Sales (who operate Greenwood Park in Daventry) when calculating the price of any additional shares you wish to purchase. We provide clear breakdowns showing how we've arrived at each figure, so you can have complete confidence in the accuracy of the assessment.

For properties across Daventry, we account for local factors that affect value, including proximity to the town centre, access to transport links like the A45 and M1 motorway, and the quality of local schools. We also consider the condition of newer developments like those by Crest Nicholson at Malabar and Bellway Homes at Staverton Lodge, which set baseline values for the area. Our valuers are familiar with the specific features buyers in NN11 look for, from garage parking to garden size.

The report we produce is fully compliant with RICS standards and includes all the documentation your housing association or mortgage lender will require. You'll receive a professional PDF report with clear valuations, comparable sales evidence, and our professional assessment of the property's current market position.

• Full RICS valuation report
• Current market value assessment
• Share value calculation
• Comparison with local sales
• Property condition assessment
• Accepted by all major housing associations

Several unique factors influence property values across the NN11 postcode area that our valuers carefully consider during every assessment. Daventry sits on clay-rich soils derived from the Lower Jurassic Whitby Mudstone Formation, which can cause shrink-swell movement in foundations during periods of drought or heavy rainfall. Our valuers assess any structural issues that may have arisen from these ground conditions, particularly in older properties across the Daventry town centre and surrounding residential areas. Properties in areas with more established clay conditions may show signs of foundation movement that affects their market value.

The local economy plays a significant role in property values, with Daventry International Railfreight Terminal (DIRFT) providing major employment in logistics and distribution. This sector stability supports the housing market, as many residents work in warehouse operations, logistics planning, and supply chain management. Companies like XPO Logistics and Clipper Logistics have major operations at DIRFT, providing steady employment that underpins demand for housing in the NN11 area.

New developments like Crest Nicholson at Malabar on the western edge of town bring modern properties with features like electric car charging points and solar panels, setting new standards for the area. These properties often achieve premium prices compared to older stock, and our valuers factor this into assessments for similar properties. The development includes a community centre, food and retail units, and 50 acres of green open space, making it particularly attractive to families.

Conservation areas in Daventry, including the town centre and Daventry Reservoir, impose certain planning restrictions that can affect property values and renovation options. Our valuers understand these designations and factor them into your assessment, ensuring the report accurately reflects any limitations or special character considerations that buyers in the NN11 area should be aware of. Properties in conservation areas may have restrictions on extensions, cladding, and even external paint colours.

School catchment areas also significantly impact property values in NN11. Properties within the catchment of popular primary and secondary schools like The Parker E-ACT Academy and DSLV E-ACT Academy often command premium prices. Our valuers are familiar with the local school landscape and consider catchment areas when assessing properties for families with children.

• Ground conditions (clay soils)
• Local employment sectors
• New build developments
• Conservation area restrictions
• Transport links
• School catchment areas

During our valuations, we regularly identify issues that affect the market value of properties across the Daventry area. Given the local geology with its clay-rich soils, we frequently encounter signs of foundation movement in properties of various ages. This can manifest as cracks in walls (particularly around door and window frames), doors that don't close properly, or uneven floors. Our valuers assess the severity of such issues and consider how they impact the property's value and marketability.

In newerbuild properties at developments like Staverton Lodge and Malabar, we sometimes identify defects related to rapid construction timescales. These can include issues with window seals, roof tiling, or minor damp penetration. While typically covered by NHBC warranty during the initial period, these issues still affect the property's overall condition and our assessment of its current value.

For older properties in Daventry town centre and established residential areas, we often see deterioration in traditional building elements. This can include aging roof coverings, original windows that need updating, and outdated electrical or plumbing systems. Properties that have been well-maintained with modernised systems naturally achieve higher valuations than those with original, worn-out infrastructure.

Asbestos remains a consideration in properties built or renovated before the 1990s. Our valuers note any suspected asbestos-containing materials during inspection and recommend further investigation where appropriate. While not always a major value driver, the presence of asbestos and the cost of professional removal can affect transaction decisions and valuations.